Manufactures of Wool, $37,937,000 " of Silk, 32,948,000 " of Cotton, 32,558,000 " of Flax, 10,736,000 Laces and Embroideries, 4,017,000 Gunny Cloths, Mattings, 2,386,000 Clothing, 2,101,000 Iron, and Manufactures of Iron and Steel, 18,694,000 China and Earthenware, 4,387,000 Clocks, Chronometers, Watches, 2,890,000 Boots, Shoes, and Gloves, 2,230,000 Miscellaneous, 15,189,000 ----------- 166,073,000 besides other articles exceeding one hundred millions in value. Rather than send abroad thirty or forty millions in gold annually, as we have done of late years, let us dispense with foreign woollen goods, silk and cotton goods, laces, &c., and encourage our own mills, at least until the war and its debt are over. Mr. Madison said much in a few words, when he said: 'The theory of '_let us alone_' supposes that all nations concur in a perfect freedom of commercial intercourse. Were this the case, they would, in a commercial view, be but one nation, as much as the several districts composing a particular nation; and the theory would be as applicable to the former as the latter. But this golden age of free trade has not yet arrived, nor is there a single nation that has set the example. No nation can, indeed, safely do so, until a reciprocity, at least, be insured to it. * * A nation, leaving its foreign trade, in all cases, to regulate itself, might soon find it regulated by other nations into subserviency to a foreign interest.' There is much good sense, too, in the views promulgated by another president, who said, in relation to our independence of other nations: